Kinross Gold Corp (KGC) stock forecast & price prediction 2023, 2025, 2030 and 2040 ? Is KGC a good stock for long-term investment?
Friends, today we will try to predict in this article that what could be the KGC stock price in the future? But before that let us have a look at the business model of the Kinross Gold Corp (KGC) company.
Kinross Gold Corp (KGC) Business Daitels
Kinross Gold Corp. (KGC) engages in the production acquisition, exploration and development of gold properties. It's mining operations are in the United States, Brazil, Chile, Mauritius and Ghana.
The Kupol segment consists of the Kupol and dvoinoye mines. The corporate & other segment includes corporate, shutdown and other non operating assets and non mining and other operations. They company was founded by Robert Mackay Buchan in May 31, 1993 and is headquartered in Toronto, Canada.
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Kinross Gold Corp (KGC) Stock Forecast & Price Prediction 2023 ?
Due to the fall in the stock market and fall in the net profit, the company's stock has seen a decline for a long time, but this year the company's net profit has seen a jump of 200%. If the company manages to generate a good net profit in the future as well, then along with the EPS, the stock may see a slight uptick.
If we talk about KGC stock price prediction 2023 then, If you have a look at the chart of the stock, then there is a continuous decline in the stock. But due to the increasing net profit of the company, the stock price of KGC can reach up to $5.50 to $6.00.
Kinross Gold Corp (KGC) Stock Forecast & Price Prediction 2025 ?
If we talk about KGC Stock Price Prediction 2025, then the stock market expert believes that if the company is able to increase its net profit, then the EPS of the company is expected to reach $0.45. which is currently running at $-0.40.
If this happens, then according to the chart analysis of the company's stock, the price of KGC stock can be seen from $ 10 to $ 12.50. By the way, the company's stock has been declining for the last five years. If the company fails to generate consistent sales growth and net profit, the stock could be priced in the range of $3.00 to $5.00.
KGC Stock Forecast & Price Prediction 2030 ?
If we talk about KGC Stock long time forecast, then there may be a decline in gold related stocks in the coming time because other investors like us also invest in stocks, mutual funds and cryptocurrencies instead of gold in order to get rich quickly. Will appear done.
If we talk about KGC Stock Price Prediction 2030, then if the company succeeds in increasing its business, then KGC Stock will be seen making a new lifetime high. The stock price can be seen trading in the range of $20 to $26.
KGC Stock Price Prediction 2040
If we talk about KGC stock price prediction 2040, There will be many changes in the world in the next 20 years, so it would be a fool's errand to predict any penny stock for such a long time.
Investing money in the stock market is a very risky business, so before buying any stock, do a complete research on your behalf as well, thank you.